72829712
:
You must’ve sold it when ticker price was around 125. So are you implying we’ve reached the top( at least for now lol).Obviously none of this is investment advice.
Cow Moo-ney
OP
72829712
:
Nope, at the moment, I don’t go Long on options. It’s more of a personal preference. Prefer to have Theta (time decay) on my side
Cow Moo-ney
OP
72829712
:
You’re right, I sold the option when Apple was around 125-130. I chose 115 as the strike price as it’s slightly below a support level, and at that point, the risk of Apple going further down or below the support level is low. 1-2 indicators were pointing bullish, hence I made this bullish trade
72829712 : Do you ever go long on puts? Please explain why you chose 115 strike price? Thanks
72829712 : You must’ve sold it when ticker price was around 125. So are you implying we’ve reached the top( at least for now lol).Obviously none of this is investment advice.
Cow Moo-ney OP 72829712 : Nope, at the moment, I don’t go Long on options. It’s more of a personal preference. Prefer to have Theta (time decay) on my side
Cow Moo-ney OP 72829712 : You’re right, I sold the option when Apple was around 125-130. I chose 115 as the strike price as it’s slightly below a support level, and at that point, the risk of Apple going further down or below the support level is low. 1-2 indicators were pointing bullish, hence I made this bullish trade
72829712 Cow Moo-ney OP : Smart![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)